751 Fairgrounds Road, Mount Vernon, OH 43050
$3,100,000
Property Type:
Commercial Lease
Square Footage:
104,000
Lot Size (sq. ft.):
204,732
Status:
Closed
Current Price:
$3,100,000
List Date:
2/17/2022
Last Modified:
2/21/2025
Description
Former education campus re-purposed into wellness, medical and sports complex. Ideal for Residential Health Facility. Existing sports complex known as The Pavilion occupies a 32,000 sq. ft. gymnasium, existing tenant in 9000 sq. ft. warehouse facility, and existing home health tenant occupies 3200 sq. ft. free standing building. Remaining buildings include a 24000 sq. ft. mixed use building (consisting of approx, 4000 sq. ft. commercial kitchen, 8000 sq. ft. assembly hall and 12,000 sq. ft. walk out level build to suit shell) and a 36,000 sq. ft. residential facility (former girls dormitory) ideal for multiple uses. A total of approximately 104,000 sq. ft. situated on over 13 acres. Taxes are estimated via Knox County Auditor. All information must be confirmed and is for marketing purposes
Supplements: ********
More Information MLS# 222004489
Location & Property Info
List Price/SqFt: 30.77
City (Mailing Addr): Mount Vernon
Corp LimitPerAuditor: None
Office/Contract Info
For Sale: Yes
Exchange: No
For Lease: Yes
Lease Rate $/Sq Ft: 12
General Property Info
Total SqFt Available: 104000
Bldg Sq Ft: 104000
Max Cont Sqft Avail: 36000
Minimum Sqft Avail: 3800
# of Docks: 1
Number of Units: 5
# of Floors Above Gr: 1
Acreage: 4.7
Tax Info
Zoning: GB
Mult Parcels/Sch Dis: Yes
Addl Parcel Numbers: 54-50018.000 and 54-50018.003
Tax Abatement: No
Taxes (Yrly): 19935
Parcel #: 54-50018.000
Tax Year: 2021
Remarks & Misc
Property Description: Former education campus re-purposed into wellness, medical and sports complex. Ideal for Residential Health Facility. Existing sports complex known as The Pavilion occupies a 32,000 sq. ft. gymnasium, existing tenant in 9000 sq. ft. warehouse facility, and existing home health tenant occupies 3200 sq. ft. free standing building. Remaining buildings include a 24000 sq. ft. mixed use building (consisting of approx, 4000 sq. ft. commercial kitchen, 8000 sq. ft. assembly hall and 12,000 sq. ft. walk out level build to suit shell) and a 36,000 sq. ft. residential facility (former girls dormitory) ideal for multiple uses. A total of approximately 104,000 sq. ft. situated on over 13 acres. Taxes are estimated via Knox County Auditor. All information must be confirmed and is for marketing purposes
Status Change Info
Sold Price/SqFt: 29.81
Under Contract Date: 2022-06-02
Sold Date: 2022-06-24
Sold Price: $3,100,000
Income/Expenses
Gross Income: 0
Net Operating Income: 0
Total Expenses: 0
Addl Acceptance Cond
None Known: 1
T Reimburses L
Curr Yr Est $/SF TRL: 0
Lease Info
Term Desired: 3-5 years
Will LL Remodel: Yes
Suite Info 1
Suite #: Kitchen
Suite Info 2
Suite #: Assembly
Suite Info 3
Suite #: Offfice
Construction
Block: 1
Heat Fuel
Electric: 1
Gas: 1
Sewer
Public Sewer: 1
Services Available
Electricity Available: 1
Natural Gas Available: 1
Sewer Available: 1
Water Available: 1
Heat Type
Forced Air: 1
Radiant: 1
Auction Info
Auction/Online Bidding Y/N: No
Sprinkler
None: 1
MLS Primary PhotoSrc
Realtor Provided: 1
Location Property Info
Original List Price: 3200000
Sold Price: $3,100,000
Property Sub Type: Mixed Use
Street #: 751
Street Name: Fairgrounds
Street Suffix: Road
County: Knox
State: OH
Zip Code: 43050
Township: Morris
OfficeContract Info
Status: Closed
MLS Entry Date: 2022-02-17
Property Features
Addl Acceptance Cond: None Known
Heat Fuel: Electric; Gas
Heat Type: Forced Air; Radiant
Sewer: Public Sewer
Services Available: Electricity Available; Natural Gas Available; Sewer Available; Water Available
Construction: Block
Sprinkler: None
MLS Primary PhotoSrc: Realtor Provided
Listing Office: KW Classic Properties Realty
Listing Agent: Douglas Ryan
Last Updated: February - 21 - 2025
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